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You are going to choose between two investments. Both cost $80,000, but investment A pays $35,000 a year for four years while investment B pays

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You are going to choose between two investments. Both cost $80,000, but investment A pays $35,000 a year for four years while investment B pays $30,000 a year for five years. If your required return is 13%, which should you choose? B, because the IRR exceeds 13%. A, because the project has a higher IRR. O A, because the pays back sooner. O A, because the IRR exceeds 13%. B, because it has a higher NPV

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